Beyond Meat Inc. BYND Shares, -2.52% They fell 2.5% in premarket trading on Monday after Barclays analyst Benjamin Theurer downgraded its stock rating by two levels, to underweight from overweight. Theurer is concerned about the “short and medium term headwinds” for the plant-based meat maker, especially as some food service …
Read More »Intercept Pharmaceuticals Receives Full FDA Letter of Response for Treatment of Fibrosis Due to NASH
Intercept Pharmaceuticals Inc. shares ICPT, -2.65% More than 30% fell in pre-market trade on Monday, after the company said it received a full response letter from the U.S. Food and Drug Administration regarding its new request for drugs for treatment. for fibrosis caused by non-alcoholic steatohepatitis, or NASH. The letter …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »Ford released a new F-150, but the Lordstown EV pickup got love. This is why.
Text size Interestingly, the launch of an electric vehicle pickup from a no-sales company surpassed the latest release of Ford’s best-selling vehicle in the United States. Growth is the reason. Courtesy of Ford. Private electric vehicle company Lordstown Motor presented its new truck, the Endurance, at a major event in …
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